THE VALUE OF THE DOLLAR CUT WITH SILVER SCISSORS written by Philippe Béchade October 21, 2024 It is not surprising that precious metals are pulverizing the last resistances, which are also historic... Unsurprisingly, Wall Street ended the October stock market term with a new all-time closing record that mobilized 99% of commentators on financial channels... but while the S&P 500 and the Dow Jones were fighting in the last eight minutes (not one more) to record new symbolic zeniths (47th of the year 2024 for the S&P), the ounce of gold (+1.4%) peaked at $2,730, and above all, silver soared by 6% to $33.9, recording its best close since November 29, 2012 (equalling the $33.94 of December 3, 2012, or its closure on 3 September 2012). An ounce of silver is only 3% from the major zenith recorded at $35.1 on April 10, 2012. The surge in silver has always coincided, either with monetary disorders (Greek crisis, record